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This tutorial covers how to create a sales receipt in QuickBooks and utilize the undeposited funds account to consolidate transactions for a single deposit that aligns with bank records. A sales receipt is used when customers pay immediately, while invoices are for future payments. To start, access the new menu and select "sales receipt." Customer information is optional but recommended for tracking sales by customer. The sale date defaults to today but can be adjusted. Choose the payment method, and you can add new payment types as needed. If accepting credit card payments via QuickBooks payments, further links are provided in the video. Select the appropriate payment option, such as cash or check, and record check numbers if applicable.